Here's Where Your Money Is Safe Even As Banks Tumble

[@bbryan195]

I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

[@jacobrebecca1885]

We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

[@inlovewithmycorgie]

My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.

[@msarah6028]

@@inlovewithmycorgie Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.

[@inlovewithmycorgie]

Credits to Julie Anne Hoover , one of the best portfolio manager out there. she’s well known, you should look her up.

[@st.morits]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before engaging her services. She seems proficient considering her résumé.

[@ministryoftruth4718]

Funny how Forbes put this video out. When they placed Silicon Valley Bank on their best banks list.

[@joesterkis1841]

This girl is smart and knows her stuff.

[@My2Drumsticks]

They’re Bailing out Depositors over the FDIC insurance limits. That’s the top 1%.

[@My2Drumsticks]

Art is the laundry mat for illegal cash.

[@bobthor9647]

Maybe people will learn how banks work now - they don't have money they have debt

[@chasejordan8065]

Beautiful Black Women... We need More like U

[@bernl178]

208 The only thing that strikes me no criminal charges. The wall street bull Excretes all over the streets and a taxpayer picks up the tab

[@weekendhero7411]

Reserve ratio "10-15%" huh? "As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions."

[@cashcow4383]

Put your money n a coffee can and get your a bottle of shine

[@travismartinson1813]

A few banks overextended themselves and didn't have enough liquidity. They weren't in bad investments like in 2008. This is the best bank buying opportunity of the last decade. I just bought a regional bank etf last week and expect a big rebound in the next month or two.

[@drx1xym154]

Maybe! IF you can pick the few biggies that will survive and are "fully liquid" - and had actual risk management - so they could hedge the lowest interest rates (and lowest risk free returns) - ever!

[@paulk.4261]

One of the worst interviews of someone that has NO IDEA about credit markets and the current inflation problem we have....SMH.

[@108Marycelestial]

Here in Australia they have a bail in law so the bank can use depositors money in exchange for shares. So I take cash out!

[@myutube8x]

Very good interviewer.

[@weekendhero7411]

With a little tweaking by Jimmy Faillia, these two could put on a hilarious act. They'd kill at of a financial convention.

[@waynepuckett3150]

This guy is like a politician! Talks the question but never gives an answer. Because he and nobody else knows the real answer….

[@davidholmes9643]

Take your money out of Banks Now. Your guest does not inspire any confidence in me.

[@donalddesnoo5303]

Creamer recommended years ago Yamaha gold at 12 I bought some later at 3$ now 5.5$ 😮

[@sbac00]

I Like this guy, would definetly sign up for a lecture with him

[@wan2852]

One can also save money by cutting one's own hair... Or having your cross-eyed wife do it.

[@toddlavigne6441]

Every bank states they are doing well. As individuals, we must analyze a banks financials in great detail to really know if they are in good shape. IMO

[@exposingproxystalkingorgan4164]

Everyone will not stop using banking services. Banking will continue after this bad time is finished.

[@Tom-pc7lb]

I gotta ask surely the bank regulators suggested that these low interest bond holders “banks” unwind those bonds!!! IDK

[@danielcraft3727]

Financial Groundhog Day over and over again. Boom Bust Boom Bust the Rich get Richer and the Poor get Poorer. Nothing New Under the Sun here.

[@ladyv890]

This is a clearest voice I've ever heard

[@rong4733]

How do you land a job at Forbes without an understanding of fractional reserve banking? It's not exactly something they rolled out yesterday.

[@althunder4269]

Equitable hiring.

[@itsesmir6218]

Can't lose money if your account is in red. Modern problems require modern solutions.

[@davecue2]

What banks will survive? What about Paypal?

[@considerthetruth]

Guy doesn't know what he's talking about. FDIC is not and cannot cover losses. And banks have 0% reserve requirements (not 1/7th like he said)

[@Jennifersam56]

but can print money

[@andgilable]

Lux watches have been going down for sometime now.

[@larryswinford3472]

Four banks on the edge of failure inside of a couple of months does not make a banking system failure, in my eyes. The bank failure that I see is the lack of respect toward depositors. The interest rates are abysmally low and only recently coming up here and there. But that is mostly for CDs, long-term things where you can see their anticipating a shortfall in a certain place unless we yet say get a nine month infusion of cash by raising the rates to something more reasonable such going from a tenth of a percent to 3 or 4 full percentage points. So you can watch when the great special rate offer happens to see when they're anticipating a squeeze in their book of business.

[@mariosorrenti482]

Talk about Fed Now....CBDCs 😮

[@Tom-pc7lb]

Warren Buffet. That was hilarious

[@chikanojuarez816]

8:47-9:00😂

[@Brokeloco]

Sbv made crappy investments..,why stress it like if other banks do the same.. it’s so difficult to get a loan for a house.. I doubt this is connected

[@joecombs7468]

The only way to stop the inflation is to restrict the economy. So I don't view the Fed backing off on rate hikes as a good thing. The bailouts are not good either, they are rewarding bad decision and incompetence. By bailing them out it encouraged the same behavior in the future.

[@happysmilegaming6008]

Gold is the savest

[@johnnovotny4286]

This Forbes interviewer asked at 8:30 why shareholders shouldn't be bailed out. That happened. Hello, Forbes? Are you still there? 😑

[@jonbradford441]

The investments that lost value and created the crisis was US Treasuries which are considered the safest investment. The problem was SVB had to sell them at a loss when interest rates rose so quickly.

[@chikanojuarez816]

🎧

[@drx1xym154]

BTC, gold and silver - FTW!!! End the Fed. End the BIS. End all centralized banks* ! - looks like the centralized banks are ending themselves? - Yes, the FED has a $2 trillion USD "unrealized loss" on their books - before all these shenanigans over the last week or so. * - Void where prohibited. Their schemes will vary. Follow the Yellow-Gold Brick Road to monetary discipline.

[@susansauls8902]

✔️ 🎉

[@blackpearl9504]

You know something ain't right, when a third of the comments section is nothing but spam Bots advertising "Financial assistance" from -Insert random name here-...

[@MadOldMan-ck5wq]

Is it true NICER Notary Index Crime Enforcement Regulatory is seeking to hire the Sam catch us if you can Bankman MIT team to install Cyber Air Coins with a 100% regulated reserve?

[@darylroughley4846]

If their bailing out svb there is a cost to the taxpayer, it's called inflation...sorry, can't swallow this guys diatribe, doesn't make sense.

[@Memetokentvnetwork]

He said investing in crazy things like crypto lollll another unaware commentator. While your banks own crypto makes money

[@thenumbersw]

No where lol 😂😂😂 back to Gold

[@enfredlindstrom6763]

if u have stocks and bonds cash out now all or u wil lose if u wait ta all .

[@ssengulr]

$Bitcoin

[@SuzanneU]

Well, at my income level, this was less than helpful!

[@TheMarky26]

Buy physical silver..Its fairly cheap and a great curb against inflaition.Even if you only buy a few ounces a month..

[@thenumbersw]

Lie 😂😂😂😂 about to happen.

[@jameskelly9243]

To old

[@JudgeDredd_]

#Capitalism

[@Sirmrmeowmeow]

Eh usually fiscal policy takes time to work its way through. Even if they stopped now, it's unlikely to undo or level off the effects in the near future. Also they may not wish to stop just yet as inflation (though coming down) is still pretty high. There may be some benefits to having less banks too with the CBDC coming out soon. Still too much money in the system, though when things change they can change fast esp as deleveraging escalates and accelerates...

[@smira-nc4jl]

🥰🥰🥰🥰

[@teanews6309]

First

[@eddymarino2964]

Second

[@magikmycology6660]

Why are you guys spreading this absolute nonsense?